Summary of Key Information:

Reporting Period: Quarter and Half Year ended September 30, 2026 (Q2 FY27, H1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting and approval of Standalone and Consolidated Unaudited Financial Results under SEBI LODR Regulations 30 and 33

Date of Board Meeting / Approval: November 06, 2026 (Meeting held from 1:00 PM to 4:05 PM)

Audit Opinion: Unmodified (Clean) Limited Review Report

Auditor's Comment: Nothing has come to our attention that causes us to believe that the Statement contains any material misstatement.

Key Financial Highlights [All figures in ₹ Million]

Standalone Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹720.02 (QoQ: +59.6% from ₹451.26; YoY: +37.8% from ₹522.49)
  • Total Income: ₹720.89
  • Net Profit: ₹57.66 (QoQ: +22.8% from ₹46.97; YoY: -1.0% from ₹58.26)
  • EPS: ₹1.34 (Basic and Diluted)
  • Other Equity: ₹529.62
  • Cash and Cash Equivalents: ₹0.72
  • Debt: Total borrowings ₹136.43 (Current ₹136.42 + Non-current ₹0.01)

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹1,171.29 (YoY: +32.8% from ₹881.79)
  • Total Income: ₹1,172.57
  • Net Profit: ₹104.63 (YoY: +9.2% from ₹95.79)
  • EPS: ₹2.43 (Basic and Diluted)
  • Net Worth: ₹745.31
  • Debt Equity Ratio: 0.20

Consolidated Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹743.02 (QoQ: +74.2% from ₹426.53; YoY: +39.5% from ₹532.77)
  • Total Income: ₹752.86
  • Net Profit attributable to owners: ₹50.78 (QoQ: +61.0% from ₹31.55; YoY: -3.4% from ₹52.57)
  • EPS: ₹1.18 (Basic and Diluted)

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹1,169.55 (YoY: +32.1% from ₹885.45)
  • Total Income: ₹1,180.06
  • Net Profit attributable to owners: ₹82.34 (YoY: -7.5% from ₹89.03)
  • EPS: ₹1.91 (Basic and Diluted)
  • Other Equity: ₹491.18
  • Non-Controlling Interest: ₹159.42
  • Net Worth including Non-Controlling Interest: ₹866.29
  • Cash and Cash Equivalents: ₹4.21
  • Debt: Total borrowings ₹136.43 (Current ₹136.42 + Non-current ₹0.01)
  • Debt Equity Ratio: 0.24

Segment-wise Performance:

The company operates as a single reportable segment in the business of manufacturing gold, silver, and diamond (including Lab Grown Diamonds) jewellery. No separate segment disclosures are presented.

Corporate Actions:

The company implemented a share split and bonus issue effective March 13, 2026:

  • Subdivided equity shares to face value of ₹5 each
  • Issued 10 bonus equity shares for every existing equity share (bonus ratio 10:1)
  • These actions have been retrospectively considered in EPS calculations for comparative periods

Other Significant Information:

  • Standalone Balance Sheet (Sep 30, 2026): Total Assets ₹1,056.50 million, Inventories ₹444.93 million, Trade Receivables ₹286.11 million
  • Consolidated Balance Sheet (Sep 30, 2026): Total Assets ₹1,277.56 million, Inventories ₹683.10 million, Trade Receivables ₹315.93 million
  • Cash Flow: Standalone operations showed net cash outflow of ₹36.47 million for H1; Consolidated operations showed net cash outflow of ₹17.09 million for H1
  • Tax Expenses: Includes earlier year tax of ₹1.41 million for both standalone and consolidated
  • Exceptional Items: Minimal exceptional items of ₹0.03 million in previous periods, none in current period